Day Trading GPS Ribbon Indicator V1.0
Ribbon Indicator With Optional Filter For Indexes (SPX, XSP, NDX, RUT, DJI)
The Day Trading GPS Ribbon Indicator is a professional 28-line moving average ribbon engineered for active day traders — with a decisive advantage: a built-in Index Filter that eliminates the "hangover effect" that corrupts standard ribbon indicators on US cash index symbols when there is a medium to large or extreme gap up or gap down to open the session.
When a standard ribbon is applied to SPX, XSP, NDX, RUT, or DJI — symbols with zero overnight and zero pre-market activity — the MAs carry stale prior-session values into the new day. On substantial gap days, this potentially means wrong colors, wrong slope, and wrong bias exactly when accuracy matters most. The filter resets all MAs cleanly at the 9:30 AM EST RTH open so the ribbon builds from scratch using only current-session data. This filter can also be applied to 9:30 AM EST RTH session open for Futures, Stocks and ETFS
The dynamic 4-color system gives instant reads:
🟢 Lime — Strong uptrend
🟩 Green — Dip re-entry / reversal warning
🔴 Red — Strong downtrend
🟤 Maroon — Peak re-entry / reversal warning
Two bold Yellow anchor lines mark your short and intermediate-term dynamic S/R levels within the ribbon.
Combine with our Daily Key Levels indicators for powerful confirmation:
Full green ribbon + candle close above a key level = bullish entry signal
Full red ribbon + candle close below a key level = bearish entry signal
Mixed ribbon = no trade.
- 6h ago
Great stuff! It’s definitely a must have and one of the best indicators I’ve ever purchased. The levels are highly accurate and Jay is awesome
- 12 days ago
Simply amazing! The investment in the SPX indicator package paid for itself on the very first trading session. My technical question via the support chat was answered within minutes (!)... The Ribbon Update V.3 is also top-tier. If there were ****** , I would give them without hesitation.
- 5 months ago
Incredible breakdown! I’ve been testing this exact SPX indicatorV2.0 setup for a few weeks now and the profitability is on another level. The way you explained the MARKET SCENARIO's and new alert system really cleared up my entries. And this new V3.0 version has lot of new addons, which helps to mak...
- 5 months ago
Amazing! I use this daily and it works perfect everyday










